Equipped Dental Office
New
For Sale
$800,000
1569 Lexann Avenue #202, San Jose, CA 95121
Vacant space includes three treatment rooms, a private office, and on-site parking.
Property Size998 SF
Price / SF$801.60
Days on Market5
Property Features for 1569 Lexann Avenue #202
General Information
Standard status
Active
Size
998 SF
Property subtype
Commercial
Additional Details
Furnished
Yes
Business Included
Yes
Amenities
Central air
Common Garage
Central Air Cooling
Gas Central Forced Air Heat Heating
Tile Roof
Building Details
Year Built
2007
Tenancy
Single
Listing Agency:
LTN REALTY INC.
(408) 916-8346
Listed By:
ALEX TRAN
(408) 784-7458
Source:
Corcoran
Added: Oct 3
Changed: Oct 6
Last Checked: Oct 6 at 2:30AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LTN REALTY INC.
Investment Insights
Based on property information with market context.
Built in 2007, this approximately 998-square-foot medical office suite is vacant and arranged for dental use. Its layout includes three treatment rooms, a private office, reception and waiting areas, a separate restroom, and storage. The space is part of a professional office complex with on-site parking.
Key Highlights
- Approximately 998 sq. ft.
- Configured as an equipped dental office
- Three exam/treatment rooms, private office, reception and waiting areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,109
Cap Rate
4.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$702,180
$702.2K
Cap Rate 7%
$501,557
$501.6K
Cap Rate 9%
$390,100
$390.1K
Market Conditions
NOI Build-Up for 998 SF
Gross rent
$55.9K $56.04/SF
− Vacancy
−$9.1K −$9.13/SF
EGI
$46.8K $46.91/SF
− OpEx
−$11.7K −$11.73/SF
NOI
$35.1K $35.18/SF
Area
San Jose, CA
Vacancy
16.30%
Lease Rate
$56.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$702,180
Cap Rate 7%
$501,557
Cap Rate 9%
$390,100
Alternative Uses
Best Use
Office B
$501.6K
$438.9K – $585.2K
NOI $35,109 @ 7.0% cap · market cap 4.39%
Second Best
Healthcare Medical
$238.7K
$208.8K – $278.5K
NOI $16,707 @ 7.0% cap · market cap 2.09%
Theoretical Best
Office A
$602.7K
$527.4K – $703.2K
NOI $42,191 @ 7.0% cap · market cap 5.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
880
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 95121, CA
37,609
Population
9,918
Households
3.8
Avg Household Size
41
Median Age
34%
College-Educated
79%
High-School Grad
4.4 sq mi
ZIP Area
8,548
Density / Sq Mi
$133,700
Median Household Income
$51,811
Median Earnings
$2,912
Median Rent
$1,024,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in San Jose, CA
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Vacant space includes three treatment rooms, a private office, and on-site parking.
Where is this medical office space located?
The property is located at 1569 Lexann Avenue #202 San Jose, CA.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Approximately 998 sq. ft.; Configured as an equipped dental office; Three exam/treatment rooms, private office, reception and waiting areas
